The Edge
SpaceX valuation climbs to $180 billion
SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. November 18, 2023. Joe Skipper | Reuters The valuation of Elon Musk’s SpaceX hit $180 billion based on an ongoing secondary share sale, CNBC confirmed Wednesday. The company is discussing […]
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Blue Origin aims to launch initially New Shepard rocket in over a calendar year
A Blue Origin New Shepard rocket lifts off with a crew of six, such as Laura Shepard Churchley, the daughter of the very first American in place Alan Shepard, for whom the spacecraft is named, from Launch Web-site Just one in west Texas, U.S. December 11, 2021. Joe Skipper | Reuters The instant of the […]
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SpaceX plans key NASA demonstration for next Starship launch
SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is prepared for launch from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. November 15, 2023. Joe Skipper | Reuters SpaceX could attempt a key demonstration for NASA during the third test flight of its towering Starship rocket, according […]
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Amazon buys SpaceX rocket launches for Kuiper satellite internet project
A Falcon 9 rocket launches a Starlink mission on January 31, 2023 from Vandenberg Space Force Base in California. SpaceX Amazon bought three rocket launches from SpaceX for its Project Kuiper internet satellites, the tech giant announced on Friday. The move is a surprise from Amazon, given the company’s Kuiper system aims to compete with […]
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SpaceX launches 2nd Starship check flight
SpaceX released its next Starship rocket flight on Saturday, with the enterprise on the lookout to push the advancement of the mammoth automobile earlier new milestones. Liftoff came a number of minutes after 8 a.m. ET from its Starbase facility in the vicinity of Boca Chica, Texas. The company is webcasting the start in realtime […]
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Sierra Space lays off hundreds in push toward first Dream Chaser spaceplane launch
A rendering on a Dream Chaser spaceplane in orbit. Sierra Space Sierra Space, one of the sector’s most valuable private companies, laid off several hundred employees and contractors this week, CNBC has learned. A Sierra Space spokesperson confirmed the company let go of about 165 employees on Thursday, but declined to specify the number of […]
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Amazon says its first Project Kuiper internet satellites were fully successful in testing
A Project Kuiper engineer conducts network testing as prototype satellites pass over McAllen, Texas. Amazon A little over a month after launch, Amazon on Thursday announced its pair of prototype internet satellites were fully successfully in operations and testing. “We were able to validate everything and get all the data that we need,” Project Kuiper […]
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Elon Musk says SpaceX should receive clearance to attempt second Starship launch this week
Starship launches for the first time on its Super Heavy booster from Texas on April 20, 2023. SpaceX SpaceX is pushing hard to launch the second spaceflight of its Starship rocket this week. CEO Elon Musk claimed the company will receive its federal launch license in the coming days, the final hurdle before a second […]
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Ron Baron expects SpaceX’s Starlink to go public around 2027
Billionaire investor Ron Baron told CNBC on Friday that he expects SpaceX to IPO its Starlink satellite internet service “in 2027 or so.” “We think that by the time they go public with SpaceX, with Starlink … in 2027 or so, four years, the company will be worth $250 billion to $300 billion,” Baron said, […]
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Iridium, Qualcomm end satellite-to-phone partnership
A Qualcomm sign is pictured at the Mobile World Congress in Shanghai. Aly Song | Reuters U.S. semiconductor giant Qualcomm ended its partnership with satellite communications company Iridium to provide satellite-to-phone services, Iridium announced on Thursday. Iridium stock fell more than 8% in after-hours trading from its close at $37.14 a share The company said […]
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